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MonotaRO Co (TSE:3064) Cyclically Adjusted PB Ratio : 23.41 (As of Apr. 27, 2024)


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What is MonotaRO Co Cyclically Adjusted PB Ratio?

As of today (2024-04-27), MonotaRO Co's current share price is 円1782.50. MonotaRO Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円76.14. MonotaRO Co's Cyclically Adjusted PB Ratio for today is 23.41.

The historical rank and industry rank for MonotaRO Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:3064' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 16.89   Med: 54.31   Max: 96.57
Current: 25.38

During the past years, MonotaRO Co's highest Cyclically Adjusted PB Ratio was 96.57. The lowest was 16.89. And the median was 54.31.

TSE:3064's Cyclically Adjusted PB Ratio is ranked worse than
98.19% of 717 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs TSE:3064: 25.38

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

MonotaRO Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円173.996. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円76.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MonotaRO Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MonotaRO Co's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MonotaRO Co Cyclically Adjusted PB Ratio Chart

MonotaRO Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.68 74.46 45.53 31.05 20.22

MonotaRO Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.14 27.01 22.29 20.22 -

Competitive Comparison of MonotaRO Co's Cyclically Adjusted PB Ratio

For the Internet Retail subindustry, MonotaRO Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MonotaRO Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MonotaRO Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where MonotaRO Co's Cyclically Adjusted PB Ratio falls into.



MonotaRO Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

MonotaRO Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1782.50/76.14
=23.41

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MonotaRO Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, MonotaRO Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=173.996/106.8000*106.8000
=173.996

Current CPI (Dec. 2023) = 106.8000.

MonotaRO Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 15.854 95.700 17.693
201406 17.149 98.000 18.689
201409 17.349 98.500 18.811
201412 18.766 97.900 20.472
201503 19.873 97.900 21.680
201506 22.349 98.400 24.257
201509 23.133 98.500 25.082
201512 25.590 98.100 27.859
201603 26.586 97.900 29.003
201606 29.735 98.100 32.372
201609 30.625 98.000 33.375
201612 34.443 98.400 37.383
201703 36.128 98.100 39.332
201706 40.175 98.500 43.560
201709 41.620 98.800 44.990
201712 46.558 99.400 50.024
201803 47.977 99.200 51.653
201806 52.944 99.200 57.000
201809 54.519 99.900 58.285
201812 59.598 99.700 63.842
201903 61.420 99.700 65.794
201906 66.965 99.800 71.662
201909 68.091 100.100 72.649
201912 74.661 100.500 79.341
202003 77.119 100.300 82.117
202006 83.885 99.900 89.679
202009 87.010 99.900 93.020
202012 94.268 99.300 101.388
202103 98.344 99.900 105.137
202106 106.577 99.500 114.396
202109 108.773 100.100 116.054
202112 119.524 100.100 127.524
202203 123.493 101.100 130.456
202206 133.090 101.800 139.627
202209 134.253 103.100 139.071
202212 145.186 104.100 148.952
202303 149.603 104.400 153.042
202306 160.153 105.200 162.589
202309 162.819 106.200 163.739
202312 173.996 106.800 173.996

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


MonotaRO Co  (TSE:3064) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


MonotaRO Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of MonotaRO Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


MonotaRO Co (TSE:3064) Business Description

Traded in Other Exchanges
Address
660-0876 2-183 Takeyacho, Hyogo Prefecture 3rd Floor, Amagasaki, Hyogo, JPN, 660-0857
MonotaRO Co is a Japanese e-commerce company selling industrial supply products.

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